CarMax: Q2 Earnings Insights

CarMax KMX reported its Q2 earnings results on Thursday, September 29, 2022 at 06:50 AM.

Here's what investors need to know about the announcement.

Earnings

CarMax missed estimated earnings by 43.17%, reporting an EPS of $0.79 versus an estimate of $1.39.

Revenue was up $157.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 7.19% increase in the share price the next day.

Here's a look at CarMax's past performance:

 

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 1.49 1.25 1.44 1.89
EPS Actual 1.56 0.98 1.53 1.72
Revenue Estimate 9.12B 7.50B 7.53B 6.85B
Revenue Actual 9.31B 7.69B 8.53B 7.99B

To track all earnings releases for CarMax visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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